Stephen Relf CTA ACA examines potential tax pitfalls for owner managed businesses when they use directors’ loans instead of conventional salary structures, from outstanding loans to repayment terms

HMRC is reminding parents that they are able to use the tax-free childcare scheme to pay for holiday clubs after it was revealed that a third of parents (31%) feel stressed trying to arrange childcare for the school holidays

The Trades Union Congress (TUC) and Timpson were both accredited this week with a Fair Tax Mark as research reveals that the public would rather do business with companies and organisations that demonstrate a commitment to paying their fair share of tax

The use of excluded property trusts by non-doms for tax planning purposes under Inheritance Tax Act 1984, s48(3) (IHTA 1984) is a well-accepted route, but now the old established rules have been overturned with tougher inheritance tax rules introduced in Finance Act (No. 2) 2017. Stephanie Webber CTA, tax writer at Croner-i explains

The OECD has released new guidance on the application of the approach to hard-to-value intangibles and the transactional profit split method, which were both developed as part of its base erosion and profit shifting (BEPS) action plan

The US Supreme Court has handed down a ruling that online retailers can be required to collect local sales taxes even in states where they have no physical presence, in a move which is designed to level the playing field with bricks-and-mortar businesses

HMRC has named David Bunting as its interim general counsel and solicitor after the previous postholder, Gill Aitken, left to take up a new role as registrar at the University of Oxford

Nearly half (41%) of small business owners are still unaware of Making Tax Digital, according to research from Intuit QuickBooks, with the online software specialist saying accountants will play a key educational role as the deadline for the switch to digital updates nears

The European Commission is demanding Luxembourg recover €120m (£105.5m) in unpaid tax after discovering it allowed two companies in a French utilities group to avoid paying taxes on almost all their profits for about a decade, which it says is illegal under EU state aid rules

Government plans to extend IR35 rules to private sector companies are predicated on absurdly high levels of non-compliance, warn Mike Herdman, director and Chesney Archer, senior manager at Grant Thornton

Download the HMRC CGT indexation allowance for December 2017 onwards, RPI Index for May 2018 and HMRC rates of interest, and the current stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

The Treasury committee is challenging the government’s decision to close the existing employer-led childcare voucher scheme in October without conducting a review of the impact on families who will then be required to move to the new online tax free childcare (TFC) system